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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1105705	Time Warner Inc.	TWX	Services-Motion Picture & Video Tape Production (7812)	134099534

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1237450	Patricia Filikrushel	One Time Warner Center New York NY 10019-8016	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $.01	Disposition	2010-12-14	21,030	$31.60	10,789	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $.01	255	Indirect	By Savings Plan

Footnotes

The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, Time Warner Inc. or a security holder of Time Warner Inc.,full information regarding the number of shares and prices at which each transaction was effected.
This transaction was executed in multiple trades at prices ranging from $31.57 to $31.635. The price reported above reflects the weighted average sale price.
The Time Warner Savings Plan, a qualified employee benefit plan (the "Savings Plan"). Includes shares of common stock acquired through the reinvestment of dividends paid on the common stock held by the Savings Plan.